Q4 2022 report: Jumia’s projects $100-$120m loss in 2023 as it renews focus on profitability

African e-commerce company, Jumia has released its earnings report for Q4 2022 and the full year 2022. With revenue of $66 million for Q4, the company made a full year loss of $207 million and a Q4 loss of $49.2 million, and it projects that it will reduce its losses even further in 2023 to … Continue reading Q4 2022 report: Jumia’s projects $100-$120m loss in 2023 as it renews focus on profitability